HQBIX Fees and Costs — The Hartford Quality Bond Fund, Class I
Data updated: 2020-06-24
The net expense ratio is 0.61% (0.64% before fee waivers). There are no sales loads or redemption fees. Portfolio turnover was 59%.
HQBIX Fees and Expenses
Annual operating expenses and sales charges of HQBIX. Prospectus, as of October 31, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | 0.00% |
| Other expenses | — |
| Gross expense ratio | 0.64% |
| Fee waiver | −0.03% |
| Net expense ratio | 0.61% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
HQBIX Costs Over Time
On $10,000 invested in HQBIX, assuming 5% a year before costs, total costs come to $385 over 5 years, cutting the return by 0.64% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.61%) | $64 | $201 | $349 |
| Lost growth on money paid in costs | $0 | $10 | $35 |
| Total costs | $64 | $211 | $385 |
| Value after costs | $10,436 | $11,366 | $12,378 |
| Impact on return, per year | 0.64% | 0.64% | 0.64% |
HQBIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $2.2B
- Portfolio turnover (prospectus): 59%
- Securities lending: none during the year
HQBIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $465.0M | 21.65% |
| BofA Securities, Inc. | $315.7M | 14.70% |
| Citigroup Global Markets Inc. | $307.3M | 14.31% |
| Wells Fargo Securities, LLC | $290.5M | 13.52% |
| J.P. Morgan Securities LLC | $218.4M | 10.17% |
| State Street Bank and Trust Company | $156.3M | 7.28% |
| Credit Suisse Securities (USA) LLC | $155.8M | 7.25% |
| Barclays Capital Inc. | $128.5M | 5.98% |
| Morgan Stanley & Co. LLC | $96.7M | 4.50% |
| Nomura Securities International, Inc. | $13.6M | 0.63% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.